Friday, September 17, 1999
Regulatory panel moots flexible power tariff regime for SEBs
The Central Electricity Regulatory Commission (CERC) has suggested creation of a limited market for purchase and sale of power in the off-peak hours.
Plan expenditure jumps 37% in first four months
The Plan expenditure has grown by over 37.13% in the first four months of the current financial year to Rs 21,451 crore compared with Rs 15,643 crore in the corresponding period last year. This is despite the Kargil conflict and the additional cost of general elections.
Negative sentiments pull down Sensex by 90 points
Even as exit poll shows BJP-led National Democratic Alliance surging ahead, the marketmen in Mumbai bourses fear otherwise. They apprehend that it may not be a cakewalk victory for BJP and its coalition partners.
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